Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Chile - 2023

Contents:

  1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Chile (CIF) - 2022
  2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Chile (FOB) - 2022
  3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Chile
  4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Chile

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Chile (CIF) - 2022

In 2022, the average import price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.9 per unit, jumping by 98% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $1.5 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6.9 per unit), while the price for China ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced a decline.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Chile (FOB) - 2022

In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.8 per unit, approximately mirroring the previous year. In general, the export price, however, recorded a precipitous shrinkage. The export price peaked at $4.7 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($0.8 per unit), while the average price for exports to Guatemala totaled $0.2 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (-24.6%).

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Chile

In 2022, approx. 82K units of millstones, grindstones, grinding wheels and the like; of natural stones were imported into Chile; declining by -82.1% against the year before. Overall, imports showed a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 5.4%. As a result, imports attained the peak of 459K units, and then contracted sharply in the following year.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones contracted remarkably to $77K in 2022. In general, imports showed a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $217K, and then contracted markedly in the following year.

Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47.841.578.739.1-6.5%
Italy12.627.622.816.810.1%
United States30.916.414.110.6-30.0%
Thailand68.869.459.8N/A-6.8%
Others25.026.541.510.2-25.8%
Total18518121776.8-25.4%

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Chile in 2022:

  1. China (68.4K units)
  2. Italy (9.3K units)
  3. United States (1.5K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Chile

After two years of decline, shipments abroad of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -50% to 1.5K units in 2022. Overall, exports, however, continue to indicate significant growth. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones hit record highs at 3K units in 2021, and then dropped sharply in the following year.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones dropped dramatically to $1.2K in 2022. In general, exports, however, recorded a significant expansion. The exports peaked at $2.4K in 2021, and then declined markedly in the following year.

Export of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Chile (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia265N/A2,3041,15363.3%
Guatemala2.0N/A13.06.044.2%
Others10.0N/A34.018.021.6%
Total277N/A2,3511,17762.0%

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Chile in 2022:

  1. Bolivia (1456.0 units)
  2. Guatemala (27.0 units)

Source: IndexBox Market Intelligence Platform

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